Japan has set up a "Government Efficiency Department" to cut fiscal spending, paving the way for potential interest rate hikes by the Central Bank.
Recently, the Japanese government announced the establishment of the "Department of Government Efficiency" (DOGE), aimed at reviewing and cutting inefficient taxes and subsidies. This initiative is also part of Prime Minister Sanae Takaichi's commitment to implement a "responsible proactive fiscal policy."
According to foreign media reports, the department will conduct a comprehensive review of tax reduction measures, examine the effectiveness

Coinbase executives and directors face a collective lawsuit from shareholders, involving $4.2 billion in insider trading allegations.
Recently, several shareholders of Coinbase initiated a class action lawsuit against the company's management and board member Marc Andreessen in Delaware, USA, accusing him of large-scale stock sales during the period when negative information about the company was not disclosed, suspected of insider trading, involving an amount as high as 4.2 billion dollars.
The indictment shows that insiders, including CEO Brian Armstrong, continued to make misleading sta

SEC Chairman will deliver a keynote speech at the New York Stock Exchange tonight, elaborating on the "250th Anniversary Reform Vision" of the American Capital Market.
According to the SEC's official website, Paul Atkins, the Chairman of the Securities and Exchange Commission (SEC), will attend the market opening ceremony at the New York Stock Exchange at 23:00 Beijing time (10:00 AM Eastern Time) on December 2, delivering an important policy speech to outline the blueprint for the future reforms of the Capital Market in the United States.
It is reported that Atkins has a tight and layered

Global digital asset ETP saw a net inflow of $1 billion last week, marking the first net inflow in nearly five weeks.
According to Coinshares' weekly report, global exchange-traded products (ETPs) for digital assets experienced a single-week inflow of $1.072 billion last week, successfully reversing the trend of net outflows that had persisted for the previous four weeks.
Analysis suggests that the significant rebound in market sentiment is mainly attributed to the remarks made by Federal Reserve official John Williams, which reinforced market expectations for an upcoming interest rate cut

Musk envisions a future monetary system: centered around energy, Bitcoin may become a value anchor.
In a recent podcast interview, Tesla CEO Elon Musk outlined a new future dominated by artificial intelligence and robots in "monetary finance".
The core picture of the system.
He believes that when technology develops to the point where it can meet all human needs, the importance of traditional currency as the core mechanism for organizing labor and distributing resources will sharply decline and may even gradually disappear.
In this vision of the future, Musk proposes that energy will replace t

The monthly RSI of Bitcoin has decayed and reached historical patterns; the next bull run may require an adjustment period of over 200 days.

According to the latest market analysis, although Bit rebounded from this month's low to over $90,000 last week, several analysts pointed out that it is still in a bear market structure, and the next bull run may not officially start for another 200-300 days.
Market analyst Axel Adler Jr. revealed this underlying trend through the changes in the monthly Relative Strength Index (RSI) of Bitcoin. The data shows that since March 2024, the RSI has falle

The total net inflow of BTC and ETH ETFs in the U.S. exceeded $380 million last week.
According to SoSoValue data, the US BTC spot ETF saw a net outflow of $70.05 million last week, marking the first week since November and also the only week of net inflow.
Among them, Fidelity's FBTC topped the weekly net inflow chart last week with 230 million USD, with a total inflow of 12.03 billion USD for FBTC so far.
Secondly, there are Grayscale's GBTC and BTC, as well as ARK 21Shares ARKB, which recorded net inflows of 16.33 million dollars and nearly 8.88 million dollars and 6.44 million doll

Rumors of Powell's resignation lead to a decline in the crypto market: the rapid sell-off of crypto assets caused 200,000 people to get liquidated, with liquidation amounts exceeding 600 million dollars.
On December 1, the crypto assets market experienced another significant fall, with the price of Bitcoin dropping below the $87,000 mark during the day, a nearly 5% decline.
The sudden market crash resulted in over $600 million in liquidations across the entire network, affecting 203,400 individuals, with nearly 90% of the liquidations being long positions, highlighting the concentrated rel

CoinGecko Report: DEX is not afraid of market pullback impacts, spot trading volume hits a historical high from May to October.
Despite the recent pullback in the cryptocurrency market, decentralized exchanges (DEX) have shown strong growth momentum. According to the latest report from CoinGecko, DEX achieved a record high of $419.76 billion in monthly spot trading volume in October, marking the highest level from May to October, indicating that the decentralized trading ecosystem is undergoing a fundamental transformation.
Behind this achievement is the continuous rise in the market share of

The Bank of Japan has issued a clear signal for interest rate hikes, causing government bond yields across various maturities to hit new highs.
The Japanese government bond market is experiencing significant volatility, with the two-year government bond yield rising to 1.025% today, the highest level since June 2008;
At the same time, the 20-year yield rose to 2.874%, reaching a new high since November 2020. This comprehensive upward shift in the yield curve reflects the market's strong expectations for a shift in Japan's monetary policy.
The key factor driving this market expectation

The regulation of virtual money has been comprehensively upgraded, with the Central Bank leading over a dozen departments in a coordinated crackdown on trading speculation.
According to official news from the People's Bank of China, a coordination mechanism meeting led by the Central Bank, involving more than ten core ministries including the Ministry of Public Security, the Central Cyberspace Affairs Commission, and the Supreme People's Court, was held with the core purpose of addressing the risks posed by the recent rise in speculation and hype around virtual money.
The meeting reaff

The total net inflow of the US BTC and ETH Spot ETF yesterday was 148 million USD.
On November 29, according to Sosovalue data, the US BTC Spot ETF recorded a net inflow of funds for the third day this week, with an amount of 71.37 million USD yesterday.
Among them, Ark 21Shares ARKB and Fidelity FBTC recorded net inflows of 88.04 million USD (966.34 BTC) and 77.45 million USD (850.10 BTC) yesterday, respectively;
Secondly, Grayscale's GBTC and BTC recorded net inflows of $10.71 million (117.52 BTC) and $8.88 million (97.49 BTC) respectively yesterday.
Notably, BlackRock's IBIT became

Key doubts exposed in the Qian Zhiming case: 195,000 BTC, only 61,000 BTC locked, the whereabouts of more than 120,000 BTC remain a mystery.
According to reports from multiple media outlets on November 28, key doubts about the assets involved in the Tianjin Lantian Gerui large illegal fundraising case and the largest Bitcoin money laundering case in British history, in which Qian Zhimin is the main suspect, have been revealed.
According to reports, out of the total 194,951 BTC (approximately 195,000 BTC) purchased under the name of Qian Zhimin, only 61,000 BTC have been locked by the British p

Analyst Consensus: The Bear Market for alts has come to an end, and the eve of capital rotation may be a good opportunity to position oneself.
Despite the severe decline in alts in the past November, where many coins saw their prices halved and the total market value evaporated by over a trillion dollars, several experienced market analysts point out that the current market slump is precisely the prelude to a new round of market movement.
Analyst "Stockmoney Lizards" interprets this phenomenon from the perspective of capital flow. He believes that although the alts market seems to be in a dead

Russia promotes the legalization of crypto mining, planning to guide the gray industry into compliance with a "device amnesty".
Recently, a core advisor involved in legislation in Russia publicly called for amnesty for miners using hardware from illegal sources to address the current predicament where over 60% of mining activities remain in a "gray area."
This proposal directly addresses the pain points of the current regulatory system. Although Russia has legalized crypto mining in 2024 and established a device registration and tax system, progress has been slow.
Advisor Oleg Ogienko pointed

Crypto Assets tax transparency: The U.S. Treasury officially promotes CARF, and the global Compliance target for 2027 may become a certainty.
Recently, the U.S. Treasury has submitted the Crypto Assets Reporting Framework (CARF) regulations for White House review, aiming for global Compliance by 2027, marking the entry of global Crypto Assets tax regulation into a new phase.

The CARF, led by the OECD, has now received support from nearly 90 countries. This standard requires global Crypto Assets exchanges and related service providers to report user transaction records to tax authorities acco